tag:blogger.com,1999:blog-1834477312141533762.post3326685858885185143..comments2023-09-13T16:22:29.888+05:30Comments on Personal Finance: Public Provident Fund (PPF) Interest Rate/Interest Rate CalculationAnonymoushttp://www.blogger.com/profile/06591635884584633807noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1834477312141533762.post-67345563002333929642017-05-02T14:48:46.761+05:302017-05-02T14:48:46.761+05:30In regular continuing acccount this mode of calcul...In regular continuing acccount this mode of calculation 4 interest may not be incorrect.However in case where DEPOSITOR is withdrawing total proceeds,interest up to the date of deposit ought to be paid,irrespective of 5th of month /whole month.THIS FACT IS WELL EUNCIATED IN ppf ruleas THE ACCOUNT HOLDER CAN RETAIN THE ACCOUNT AFTER MATURITY FOR ANY PERIOD WITHOUT MAKING FURTHER DEPOSITS THE BALANCE OF ACCOUNT WILL CONTINUE TO EARN INTEREST AT NORMAL RATES AS ADMISSIBLE IN PPF ACCOUNT TILL THE ACCOUNT IS CLOSED,meaning thereby that say if withdrawal is made on 24th april ,depositor will be given interest upto 24th,.However most of desk person remit interest upto 31 march &thus deprive depositor of interest for period from 1 /4/ to 24/4 .This practice is unjustified depriving depositorof his entitled interest THIS CORRECTION IS NEEDEDDR.P.L.NAWALKHAhttps://www.blogger.com/profile/12207761768134968549noreply@blogger.comtag:blogger.com,1999:blog-1834477312141533762.post-1536415481649208582016-10-19T16:07:14.523+05:302016-10-19T16:07:14.523+05:30How to connect with you ? We have made a PPF calcu...How to connect with you ? We have made a PPF calculator which I would like you to try.sanjibhttps://www.blogger.com/profile/02843345259949249251noreply@blogger.comtag:blogger.com,1999:blog-1834477312141533762.post-17573245249631122752015-12-25T23:54:28.840+05:302015-12-25T23:54:28.840+05:30My PPF acount matured on 31 March 2015...I don'...My PPF acount matured on 31 March 2015...I don't intend to extend the same.<br />I want to withdraw it on 3 Jan 2016.<br />Will I get interest till 31 Dec 2015? In other words do I loose interest from 1 April 2015 to 31 Dec 2016?Prashant Prabhuhttps://www.blogger.com/profile/10301218851160973074noreply@blogger.comtag:blogger.com,1999:blog-1834477312141533762.post-12010677250739248292015-12-25T23:44:17.245+05:302015-12-25T23:44:17.245+05:30My PPF acount matured on 31 March 2015...I don'...My PPF acount matured on 31 March 2015...I don't intend to extend the same.<br />I want to withdraw it on 3 Jan 2016.<br />Will I get interest till 31 Dec 2015? In other words do I loose interest from 1 April 2015 to 31 Dec 2016?Prashant Prabhuhttps://www.blogger.com/profile/10301218851160973074noreply@blogger.com